Bloomberg Business

Stock traders trying to climb a wall of worry saw the American equity benchmark struggling to keep its monthly gain in the final trading session of May.

Both T-bill yields and the cost of insuring against a US default have plummeted as an agreement makes its way through Congress 

Eli Lilly & Co.’s third straight month of gains has helped it become the largest pharmaceutical company in the world by market value, surpassing Johnson & Johnson.

Franklin Resources Inc. is buying Putnam Investments in a deal that unites two established asset management firms and offers Canada’s billionaire Desmarais family a way out of a troubled investment.

Anheuser-Busch InBev NV just recorded its worst month since the start of the pandemic as the backlash in the US over a decision to promote its Bud Light brand with a transgender influencer rages on.

Chicago approved $51 million to care for migrants after more than 8,000 asylum seekers have arrived from border states since August.

A few hundred Amazon.com Inc. employees walked off the job Wednesday to protest the company’s return-to-work policies, impact on the climate and deepest-ever round of layoffs.

Shares in Mexico’s Fomento Economico Mexicano SAB, also known as Femsa, jumped Wednesday after the company said it plans to divest a $1.4 billion stake in Jetro Restaurant Depot just after unloading the rest of its position in the Heineken Group.

Peru is tapping global investors for the first time this year, raising $2.5 billion through a sustainability bond to buy back existing sovereign debt and finance government spending. Sovereign bonds gained.